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Abstract:CHICAGO (Reuters) – General Electric Co on Thursday said it expects an improvement in its businesses in the second half of the year despite persistent inflationary and supply chain pressures.
div classBodysc17zpet90 cdBBJodivpCHICAGO Reuters – General Electric Co on Thursday said it expects an improvement in its businesses in the second half of the year despite persistent inflationary and supply chain pressures.p
p“We remain confident in the recovery in the second half,” Carolina Dybeck Happe, GEs chief financial officer, told Goldman Sachs Industrials & Materials Conference.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pShe, however, said the company expects to burn cash in the current quarter despite an improvement in cash flow. p
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pp Reporting by Rajesh Kumar Singhp
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